GPUS · Hyperscale Data, Inc.

Hyperscale Data's revised preliminary Q1 2026 revenue of approximately $44 million represents a 76% year-over-year increase from $25 million in Q1 2025. The growth was driven by two key factors: Gresham Worldwide contributed roughly $10 million following its emergence from bankruptcy in Q4 2025, and Ault Lending recognized approximately $10 million from a litigation settlement. Other operating businesses remained solid, with crane operations generating about $11 million, crypto asset mining $5 million, and hotel/real estate $4 million. The company had previously issued full-year 2026 revenue guidance of $180 million to $200 million on March 11, 2026. Based on Q1 performance and operating trajectory, management is evaluating whether to reaffirm or increase that guidance, with an update expected after final Q1 financials are reported in May 2026. Executive Chairman Milton "Todd" Ault III highlighted the strength of the diversified platform and successful monetization of legacy assets, noting meaningful traction in AI data center, robotics, blockchain, and financial services operations. The company also reiterated its plan to divest Ault Capital Group in Q2 2027 through an exchange of Series F Preferred Stock for ACG shares. Investors should note that these results are preliminary and subject to adjustment upon completion of quarterly closing procedures.